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Senegal Secures $2.2B IMF Deal Amid Debt Restructuring, Misreported Borrowing

Senegal·Wire Summary⏱️ 1 min read

[Daba Finance] Senegal reached a staff-level agreement with the International Monetary Fund for a $2.2 billion, 3-year lending programme as the government seeks to restore debt sustainability after uncovering more than $11 billion of previously misreported borrowing. The agreement still requires approval from IMF management and its Executive Board.

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